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Donavon Lott recognizes the value of saving part of his income. He has set a goal to have $ 2 5 , 0 0 0

Donavon Lott recognizes the value of saving part of his income. He has set a goal to have $25,000 in cash available for emergencies. How much should he invest semiannually to have $25,000 in ten years if the sinking fund he has selected pays 8%annually, compounded semiannually? Table value is: 0.0218522

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